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Summary
- General information
- Rates respecting debts
- Rates respecting refunds
- Penalties
Debts
Interest and penalties
Interest is capitalized daily on amounts due under Québec tax laws.
The interest rate applicable to debts owed to Revenu Québec is determined on the basis of the mean of the base rates for bank loans to businesses. The result is rounded off to the nearest whole number (with one-half being rounded down), and increased by 3%.
These base rates are published by the Bank of Canada on the last Wednesday of each month included in the three-month period ending in the second month of the preceding quarter.
In certain cases, penalties may also be imposed.
| Period | Rate in effect |
| January 1 – March 31, 2007 | 9% |
| October 1 – December 31, 2006 | 9% |
| July 1 – September 30, 2006 | 9% |
| April 1 – June 30, 2006 | 8% |
| January 1 – March 31, 2006 | 8% |
| October 1 – December 31, 2005 | 7% |
| July 1 – September 30, 2005 | 7% |
| April 1 – June 30, 2005 | 7% |
| January 1 – March 31, 2005 | 7% |
| October 1 – December 31, 2004 | 7% |
| July 1 – September 30, 2004 | 7% |
| April 1 – June 30, 2004 | 7% |
| January 1 – March 31, 2004 | 7% |
| October 1 – December 31, 2003 | 8% |
| July 1 – September 30, 2003 | 8% |
| April 1 – June 30, 2003 | 7% |
| January 1 – March 31, 2003 | 7% |
| October 1 – December 31, 2002 | 7% |
| July 1 – September 30, 2002 | 7% |
| April 1 – June 30, 2002 | 7% |
| January 1 – March 31, 2002 | 8% |
| October 1 – December 31, 2001 | 9% |
| July 1 – September 30, 2001 | 10% |
| April 1 – June 30, 2001 | 10% |
| January 1 – March 31, 2001 | 10% |
| October 1 – December 31, 2000 | 10% |
| July 1 – September 30, 2000 | 10% |
| April 1 – June 30, 2000 | 10% |
| January 1 – March 31, 2000 | 9% |
| October 1 – December 31, 1999 | 9% |
| July 1 – September 30, 1999 | 9% |
| April 1 – June 30, 1999 | 10% |
| January 1 – March 31, 1999 | 10% |
Rates respecting debts for the five years prior to 1999
| Period | Rate in effect |
| January 1 – March 31, 1999 | 10% |
| October 1 – December 31, 1998 | 9% |
| July 1 – September 30, 1998 | 9% |
| April 1 – June 30, 1998 | 9% |
| January 1 – March 31, 1998 | 8% |
| October 1 – December 31, 1997 | 8% |
| July 1 – September 30, 1997 | 8% |
| April 1 – June 30, 1997 | 8% |
| January 1 – March 31, 1997 | 8% |
| October 1 – December 31, 1996 | 9% |
| July 1 – September 30, 1996 | 10% |
| April 1 – June 30, 1996 | 9% |
| January 1 – March 31, 1996 | 10% |
| October 1 – December 31, 1995 | 10% |
| July 1 – September 30, 1995 | 12% |
| April 1 – June 30, 1995 | 11% |
| January 1 – March 31, 1995 | 9% |
| October 1 – December 31, 1994 | 10% |
| July 1 – September 30, 1994 | 9% |
